Tether CEO cites 150,000 BTC holding, above reserve report
DeFi & Yields ·
Paolo Ardoino says Tether's Bitcoin position is roughly $50,000 BTC larger than the figure disclosed in its most recent reserve report.
Tether CEO Paolo Ardoino said the company holds about 150,000 Bitcoin, currently valued near $11.5 billion, a sum that exceeds what its latest reserve report had shown by roughly 50,000 BTC, according to coindesk.com. The claim was also circulated in a post on x.com, putting the same figures into wider circulation.
The gap between Ardoino's stated 150,000 BTC and the previously reported holdings raises questions about timing and methodology. Reserve reports are typically snapshots as of a specific date, so a gap of about 50,000 BTC could reflect accumulation that occurred after the report's cutoff, though neither the article nor the post specifies when the additional Bitcoin was acquired or how the $11.5 billion valuation was calculated.
Two sources have covered this figure, both centered on Ardoino's statement rather than an independent audit or filing. Neither source details whether the 150,000 BTC figure has been verified through a third-party attestation or whether it will be reflected in Tether's next scheduled reserve disclosure.
What remains unresolved is the precise date underlying the $11.5 billion valuation, the specific reporting period that produced the earlier, lower figure, and whether Tether plans to issue an updated reserve report reconciling the two numbers. Watch for Tether's next formal attestation to confirm whether the 150,000 BTC figure holds and whether the company offers further detail on the timing of the reported increase.